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Athens Reporter

Sunday, December 29, 2024

HHS provides $7 million to businesses in Commerce under CARES Act

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Through the fourth quarter of 2020, businesses in Commerce received $7 million in health-related relief from the CARES Act issued by the Department of Health and Human Services.

According to numbers reported through the fourth quarter of 2020, businesses in Georgia received $3.1 billion in health-related relief from the CARES Act issued by the Department of Health and Human Services. The largest recipient of funding in the state was Northside Hospital, Inc. with a total of $195.1 million. The average loan size in the city was $389,049 while the state's average loan amount was $299,390.

Of the money distributed, $30 billion went out automatically to health providers based on previous year medicare payments. If the money wasn't returned within 90 days the provider is then automatically entered into the repayment terms that are issued by HHS. With the money going out automatically and the rules constantly changing, some of the businesses that received the money weren't eligible to receive it once the final rules were sent out.

According to the Department of Health and Human Services, this information represents the list of providers that received a payment from the General Distribution, High Impact Targeted Allocation, Safety Net Hospitals, Non-Medicare, Rural Targeted Allocation and/or the Skilled Nursing Facility Targeted Allocation of the Provider Relief Fund and who have attested to receiving one or more payments and agreed to the Terms and Conditions as of July 8, 2020.

All PPP loan recipients
RankBusinessDollar Amount Received
1Restoration Health Care of Commerce, LLC$6,222,069
2CFS Health Management, Inc.$246,786
3Trademark Medical Transport of Commerce, Inc.$223,459
4Dentalhome Georgia$109,354
5Family Foot Care Center$51,326
6Commerce Dental Group, LLC$38,961
7Peak Rehabilitation, Inc.$22,653
8Leslie M Pitts Pediatric Dentistry, D.M.D.$21,985
9Family Orthopedics, P.C.$10,509
10Medical Center Family Practice$10,169
11Belmont Physician Services, PC$9,317
12Wellness First, PC$8,167
13Commerce Vision Group, LLC$7,884
14Paul M. Sergent P. C., M.D.$6,905
15Eye Institute of North Georgia, PC$5,538
16Commerce Adult and Pediatrics Medicine$3,535
17Gene Doss PC, OD$3,043
18Bulldog Wellness, LLC$1,227

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